Once the Grizzlies learned that Mike Miller was exploring deals with other teams such as the Cavs, they began pursuing Carter. Miller even tipped the signing with an Instagram post on Friday night indicated the Grizzlies were closing in on a deal with someone else to replace him.
Yahoo!’s Adrian Wojnarowski says the deal is for $12 million, though the final season is partially guaranteed.
The surprise here is the length of the deal; Carter turns 38 next season. However, he still was productive averaging nearly 12 points per game and playing in 81 games last season for Dallas Mavericks. Memphis likely does not plan on having Carter all three years.
Carter had interest in returning to Dallas, but the offer from Memphis was too sweet. Dallas had little money available for Vinsanity after signing Chandler Parsons to a massive offer sheet.
As mentioned, Miller posted a note on Instagram thanking the Grizzlies for his time there last season and saying the Grizzlies informed him they were going in a different direction. It was Miller’s second stint with the franchise.
This will be Carter’s sixth NBA team.